Monday, February 27, 2012

Jumpy Mideast capital seeks safer havens after Arab Spring

Business Times: Sat, Feb 25
UPHEAVAL in the Middle East - popularly dubbed the 'Arab Spring' - is causing more wealthy Arab families to consider moving money out of the region and investing in Asia.

Bader A Al-Hammad, chief executive and board member of MaCeen Capital, a Saudi Arabian asset management firm, believes Singapore holds great potential as a booking centre for Arab wealth and as a base for investment opportunities in Asia...

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Martin Koh/ Sherry Tang
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